URALSIB Securities Ltd. receives access to pan-European stock exchange Euronext NV
URALSIB Securities Ltd., the London based wholly owned subsidiary of URALSIB Financial Corporation, has become a member of Euronext NV and is now authorised to conduct brokerage activities on Euronext’s stock exchanges in Paris and Amsterdam. URALSIB Financial Corporation is the first Russian brokerage to gain direct access to Euronext.
Euronext NV is a pan-European stock exchange with markets in Belgium, the Netherlands, Portugal and France. In addition to providing access to dealing in stocks and derivatives, Euronext offers clearing services and financial information. As of January 31, 2006, the total capitalisation of the markets run by Euronext stood at USD2.9 trillion, placing Euronext fifth among the world’s major stock exchanges. The Euronext 100 – one of the most important indexes for the international markets – is calculated at the close of trading each day.
According to Mark Temkin, URALSIB Capital’s general director, “URALSIB Capital’s clients are now able to trade on all the world’s leading trading floors and access a wide range of European financial instruments.”
URALSIB Securities Ltd is authorised and regulated by the Financial Services Authority for the conduct of Investment Business in the United Kingdom.